IGE Group of Companies
Native name | အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု |
|---|---|
| Company type | Limited company |
| Industry | Timber, Oil & Gas, Electricity, Banking, Hotels, Telecommunications, Construction |
| Founded | 1994 |
| Headquarters | , |
| Owner | Nay Aung Pyi Aung |
Number of employees | 4,000 |
| Subsidiaries | Aung Yee Phyo Company UNOG Company United Amara Bank |
IGE Group of Companies (Burmese: အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု) is one of Myanmar's 5 largest conglomerates, possessing 13 subsidiaries that employ 4,000 people.[1] IGE also possesses Myanmar's second largest timber trading company.[2] It also exports Burmese rice.[2] IGE Group of Companies was established in 1994 in Burma, and registered in Singapore in 2001.[2] The company is also active in the country's oil and gas sector.[2] In 2007, IGE earned over US$75 million in revenues.[1] The company was previously subjected to economic sanctions by the United States government, because of its ties to the State Peace and Development Council, the former military junta.[3]
It is owned by Nay Aung, the son of Aung Thaung, a politician and former military general.[4]
Subsidiaries
- United National Oil & Gas Trading Co., Ltd. (UNOG Trading)[5]
- Myanmar Rice Trading Co., Ltd. (MRT)[6]
- IGE Energy Co., Ltd.[7]
- Amara Communications Co., Ltd. (ACS)[8]
- Future Creator Group of Construction Co., Ltd. (FCGC)[9]
- Crete Master Ready-Mixed Concrete Co., Ltd. (CMC)[10]
- IGE Land Co., Ltd. (IGE Land)[11]
- International Power Generation Public Co., Ltd (IPG)[12]
- United National Oil & Gas Co., Ltd. (UNOG)[13]
- The Amara Hotel Co., Ltd.[14]
- IGE Sin Phyu Shin Co., Ltd. (IGE SPS)[15]
- United Amara Bank[16]
- UAB Securities Limited[17]
References
- ^ a b Aung Min; Toshihiro Kudo (2014). "Business Conglomerates in the Context of Myanmar's Economic Reform" (PDF). Myanmar's Integration with Global Economy: Outlook and Opportunities. Bangkok Research Report. Archived from the original (PDF) on 24 September 2015. Retrieved 11 July 2015.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ a b c d "BURMA: INDUSTRY MINISTER'S FAMILY BENEFITS FROM CONNECTIONS". Embassy of the United States, Rangoon. Retrieved 11 July 2015.
- ^ Schectman, Joel (31 October 2014). "New Blacklisting Shows Myanmar Business Perilous". Wall Street Journal. Archived from the original on November 8, 2014. Retrieved 11 July 2015.
{{cite news}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help) - ^ "Tracking the Tycoons". The Irrawaddy. September 2008. Retrieved 11 July 2015.
- ^ http://www.igemyanmar.com/our-business/trade/trading/
- ^ http://www.igemyanmar.com/our-business/trade/unog-trading/
- ^ http://www.igemyanmar.com/our-business/trade/ppcl-2/
- ^ http://www.igemyanmar.com/our-business/telecom/
- ^ http://www.igemyanmar.com/our-business/construction-2/future-creator-group-of-construction-co-ltd-fcgc/
- ^ http://www.igemyanmar.com/our-business/construction-2/construction/
- ^ http://www.igemyanmar.com/ige-land-co-ltd/
- ^ http://www.igemyanmar.com/our-business/energy-2/power/
- ^ http://www.igemyanmar.com/our-business/energy-2/oil-gas/
- ^ http://www.igemyanmar.com/grand-amara-hotel/
- ^ http://www.igemyanmar.com/daewoo-amara-hotel/
- ^ http://www.unitedamarabank.com/
- ^ https://www.facebook.com/uabsecurities/